The European Commission is set to launch an infringement procedure against Italy over a media law potentially curbing Vivendi's (VIV.PA) interests in the country, newspaper la Repubblica reported on Friday.
A Vivendi sign is seen at the company's headquarters in Paris, France, April 8, 2015. REUTERS/Gonzalo Fuentes
The European Commission is set to launch an infringement procedure against Italy over a media law potentially curbing Vivendi'sThe Commission in December raised questions over the validity of the law approved by Rome in November which allowed national communications regulator AGCOM to start a probe into Vivendi's Italian assets to evaluate whether these holdings are harmful to media plurality.
France's Vivendi, controlled by billionaire Vincent Bollore, holds a 29% stake in Italy's top commercial TV group Mediaset
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